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BUSINESS

PTT in advanced talks with Qatar for LNG deal

Reuters, Published on 07/07/2023

» SINGAPORE/LONDON: Thailand's largest energy company, state-controlled PTT, is in advanced talks with Qatar for a 15-year liquefied natural gas (LNG) supply deal, according to four trading sources.

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BUSINESS

Starbucks aiming to roll out 335 new outlets by 2030

Business, Pitsinee Jitpleecheep, Published on 07/07/2023

» Starbucks Thailand set an ambitious plan to open 335 new stores from 2023-30.

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BUSINESS

Exports to Korea set to rise 2% this year

Business, Phusadee Arunmas, Published on 07/07/2023

» Thailand expects exports to South Korea to increase by 2% this year to US$6.52 billion, partially helped by a deeper trade partnership through a so-called mini-free trade agreement (mini-FTA) with the South Korean provinces of Gyeonggi and Pusan.

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BUSINESS

Super acquires two new renewable operators

Business, Yuthana Praiwan, Published on 07/07/2023

» SET-listed Super Energy Corporation Plc (Super), Thailand's largest operator of solar farms based on total capacity within the country and overseas, is restructuring its business by acquiring two new renewable energy assets and selling what it considers to be an inactive asset, part of efforts to make the company an agile organisation.

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BUSINESS

Brand value of Thai Airways sags

Business, Molpasorn Shoowong, Published on 07/07/2023

» The tepid resumption of business travel and inability of Thailand to become a connectivity hub has led Thai Airways' brand value to grow slower than its competitors, while Centara Grand secured the strongest brand in the country this year.

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BUSINESS

SET stumbles on domestic, external risks

Business, Nuntawun Polkuamdee, Published on 07/07/2023

» Concerns over rising global interest rates and domestic political uncertainties dragged down the Thai bourse to below 1,500 points again on Thursday, say analysts.

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BUSINESS

Svolt preps B1.25bn EV battery factory

Business, Lamonphet Apisitniran, Published on 07/07/2023

» Svolt Energy Technology, a Chinese manufacturer of batteries and energy storage systems, is spending 1.25 billion baht to build an electric vehicle (EV) battery factory in Chon Buri to serve Chinese and Japanese EV makers.

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BUSINESS

Krungsri anticipates uptick in baht volatility

Business, Somruedi Banchongduang, Published on 07/07/2023

» Bank of Ayudhya, which markets itself as Krungsri, predicts the baht will be more volatile amid several uncertainties both internal and external.

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BUSINESS

Marketing set to be transformed by rapid digital disruption

Business, Suchit Leesa-nguansuk, Published on 07/07/2023

» Rapid changes from digital disruption coupled with altered consumer behaviour has resulted in shifts in consumer expectations as the Marketing 6.0 era unfolds, which includes multiverse marketing.

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BUSINESS

Budget spending sped up

Business, Wichit Chantanusornsiri, Published on 07/07/2023

» The Comptroller-General's Department plans to expedite the disbursement of state investment budgets in the last quarter of fiscal 2023 because they have been below target the past three quarters, says comptroller-general Kulaya Tantitemit.